PM Internship Scheme 2024: Registration begins for over 80,000 opportunities

NEW DELHI: The ministry of corporate affairs, Government of India, has started inviting applications for the Prime Minister Internship Scheme 2024. The PM Internship portal, pminternship.mca.gov.in, has been made live today for registration. Those in the age group of 21-24 years are eligible to apply for the scheme.

As per the PM Internship scheme's pilot project, estimated to cost around Rs 800 crore, internships will start on December 2.

The corporate affairs ministry said the scheme is a transformative initiative by the PM Narendra Modi-led government to ensure the skilling of youth, which will enhance their employability. The scheme will provide an opportunity to do an internship in the top 500 companies in India for 12 months. The scheme was announced by Union finance minister Nirmala Sitharaman during the Union Budget 2024.

"The portal ensures efficient access to internships across sectors with Aadhaar-based registration and tools like bio-data generation," the ministry said.

According to the ministry, in the past week, the portal has added more than 80,000 opportunities across 24 sectors, including oil, gas and energy, travel and hospitality and automotive. Under the scheme, an intern will get monthly financial assistance of Rs 5,000 for 12 months and a one-time grant of Rs 6,000.

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There are more than 25,000 opportunities under oil, gas, and energy sectors, 16,000 under manufacturing and automotive sectors, and 10,000 banking and financial internship opportunities, the ministry added.

Candidates who are enrolled in online or distance learning programmes will be eligible to apply. Each individual intern will be covered under the insurance schemes of the Union government, PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana.